Deep Fission (NASDAQ:FISN) Stock: Insider Elizabeth Muller Acquires 10,000 Shares

Deep Fission, Inc. (NASDAQ:FISN) CEO Elizabeth Muller purchased 10,000 shares of the firm’s stock in a transaction dated Wednesday, November 11th. The stock was acquired at an average price of $2.16 per share, for a total transaction of $21,600.00. Following the purchase, the chief executive officer owned 10,000 shares in the company, valued at approximately $21,600. The trade was a ∞ increase in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link.

Deep Fission Trading Down 1.0%

Shares of Deep Fission stock traded down $0.02 during trading on Friday, reaching $2.06. 256,963 shares of the company’s stock were exchanged, compared to its average volume of 1,053,606. Deep Fission, Inc. has a 1-year low of $1.44 and a 1-year high of $19.00. The stock has a market cap of $121.35 million and a P/E ratio of -2.24. The company has a 50-day simple moving average of $4.61.

Deep Fission (NASDAQ:FISN) last announced its quarterly earnings data on Wednesday, November 4th. The company reported ($0.36) earnings per share for the quarter. As a group, sell-side analysts anticipate that Deep Fission, Inc. will post -2.02 EPS for the current fiscal year.

Institutional Trading of Deep Fission

Several institutional investors have recently modified their holdings of FISN. Chapin Davis Inc. bought a new position in Deep Fission during the 2nd quarter worth $210,000. Elevation Wealth Management LLC acquired a new position in Deep Fission during the 2nd quarter worth about $3,294,000. Finally, Blue Owl Capital Holdings LP bought a new stake in shares of Deep Fission in the 2nd quarter valued at about $14,720,000.

Wall Street Analysts Forecast Growth

A number of research firms have recently commented on FISN. Maxim Group dropped their target price on shares of Deep Fission to $12.00 and set a “buy” rating for the company in a report on Friday, October 23rd. Roth Capital assumed coverage on Deep Fission in a report on Tuesday, September 22nd. They issued a “buy” rating and a $18.00 target price for the company. Weiss Ratings assumed coverage on Deep Fission in a research report on Monday, September 14th. They issued a “sell (e-)” rating for the company. Wall Street Zen downgraded Deep Fission from a “sell” rating to a “strong sell” rating in a research report on Saturday, October 17th. Finally, Zacks Research raised Deep Fission to a “hold” rating in a research note on Wednesday, August 5th. Four analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $17.20.

Deep Fission Company Profile

Deep Fission, Inc. is an advanced nuclear energy company developing small modular reactors designed for installation in deep vertical boreholes. Its approach places the reactor system underground while delivering electricity to facilities at the surface. The company’s design uses pressurized-water reactor technology, with the goal of combining established reactor principles with a below-ground configuration. Deep Fission is developing the technology for potential use in power generation, including for utilities and energy-intensive customers.